Author Archives: Paul Ausick

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Scotland Independence Vote: It’s All Over but the Counting

The polls have been closed for about an hour in the Scottish referendum on independence. Votes are being tallied and early estimates on voter turnout are very high. According to ...
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Oracle CEO Ellison Steps Aside; Earnings, Revenues Wander Away Too

Before Oracle Corp. (NYSE: ORCL) reported first fiscal quarter earnings Thursday afternoon, the company announced that CEO Larry Ellison has been named the company’s executive chairman and chief technical officer, ...
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software

Red Hat Revenue Mix May Be Raising Questions

Red Hat Inc. (NYSE: RHT) reported second quarter 2015 results after markets closed Thursday night. The Linux software distributor reported adjusted diluted earnings per share (EPS) of $0.41 on revenues ...
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down market

The 52-Week Low Club for Thursday

September 18, 2014: The coal sector took a beating today and we covered that in a separate story. The following stocks are among the 98 equities making new 52-week lows ...
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stock symbol ticker

The 4 Stocks That Lifted the Market

September 18, 2014: Markets opened higher on Thursday following the announcement of a sharp drop in new claims for unemployment benefits last week, but a somewhat less upbeat report on ...
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2014-honda-odyssey

August Car Sales Dropped 9.4% in Japan

August automobile sales in Japan fell 9.4% year-over-year, but remain higher year to date by the same amount. Through the first 8 months of 2014 sales totaled 3.79 million units. ...
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coal train

Coal Miner Peabody at 10-Year Low, Drags Down Other Miners

It is too bad that U.S. coal companies can’t convince Apple to put a little coal in each iPhone the company sells. That may be the only thing that could ...
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Blue flames of gas stove

Natural Gas Inventory Growth Drives Prices Down

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 90 billion cubic feet for the week ending September 12, compared with an expected ...
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Scotland Flag

Scotland Expects Record Turnout for Independence Vote

Voters in Scotland started going to the polls at 7 a.m. local time Thursday to answer a seemingly simple question: “Should Scotland be an independent country?” There is a box ...
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home building

New Housing Starts Take Double-Digit Dive in August

The U.S. Census Bureau and the Department of Housing and Urban Development reported Thursday morning that new housing starts in August fell sharply to a seasonally adjusted annual rate of ...
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Amazon Fire_HDX_8.9

Amazon’s New Tablets Get Subdued Introduction

Amazon.com Inc. (NASDAQ: AMZN) knows how to make noise about new products and services, so when the company chooses to introduce five new models of its Kindle and Kindle Fire ...
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Rite Aid

Rite Aid Cuts Guidance as Margins Fall on Generics

Rite Aid Corp. (NYSE: RAD) reported second-quarter fiscal 2015 results before markets opened Wednesday. The drug store chain reported quarterly adjusted diluted earnings per share (EPS) of $0.13 on revenues ...
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stock symbol ticker

The 4 Stocks That Boosted the Market

September 17, 2014: Markets opened slightly mixed on Wednesday and traded in a narrow range around the break-even line until the FOMC meeting announcement in mid-afternoon. The word that interest ...
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down market

The 52-Week Low Club for Wednesday

September 17, 2014: The following stocks are among the 74 equities making new 52-week lows today: Imation Corp. (NYSE: IMN) dropped about 5% on Wednesday to post a new 52-week ...
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iPhone6

Walmart, Best Buy Reject Apple Pay

The list of banks, retailers and credit card issuers that will support Apple Inc.’s (NASDAQ: AAPL) recently announced Apple Pay mobile payments is long and growing. The company says Apple ...
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